Cash Reconciliation Representative

3 weeks ago
Job System ID


DGS Finance, part of a shared services organization supporting a group of hearing healthcare companies, is currently seeking a Cash Reconciliation Rep in Somerset, NJ.

The William Demant Group is a leading international health care company within Hearing Instruments, Hearing Implants, Diagnostic Instruments and Personal Communication. The Group develops, manufactures and sells products and equipment designed to aid the hearing and communication of individuals.   Some of our brands include: Oticon, Sonic, Grason-Stadler, Interacoustics and E3 Diagnostics.

The William Demant Group is growing in the US market and looking for outstanding passionate talent committed to the goals and mission of the company.  As the market leader, opportunities exist in many of our businesses, shared services as well as new ventures and projects.  

Through superior shared services, cost efficiency and customer insight, DGS will support the international brands and businesses of the William Demant Group. Keeping customer focus, meeting needs and understanding success criteria across brands and businesses. Striving for excellence, delivering Group services in an efficient, proactive and transparent way. Delivering shared services across the Group, standing together as one, supporting the international brands and businesses of William Demant.


Position Overview:

The primary responsibility of this role is to monitor the patient accounts and ensure private and insurance payments reflect daily bank activity. This position is a key control point to the company and acts collaboratively across the organization to ensure funds are accurate. The Cash Reconciliation Representative will be responsible for identifying discrepancies, outstanding payment balances, petty cash overview, reconciling, and reporting issues to supervisor.


  • Reconciles daily bank activity including cash, checks, credit card and electronic fund transfers
  • Communicates with on-site and off-site staff to investigate and correct cash inaccuracies
  • Prepares necessary reconciliation, spreadsheets, and reporting for Accounting department
  • Post journal entries and reconcile accounts for monthly closing
  • Utilize company’s IT system and accounting information to identify, research and resolve petty cash discrepancies
  • Record any returned checks, deposit corrections, credit card chargebacks, refunds, fees and any bank debits


  • Bachelor’s degree in Accounting or Finance preferred
  • 0- 2 years working in the Accounting/Finance field
  • Knowledge of Microsoft Excel
  • Excellent time management and organizational skills
  • Excellent written and verbal communication skills
  • Highly self-motivated, proactive, and results driven
  • Experience with Microsoft Dynamics (AX, Navision) or similar accounting software
  • Experience working in a company that has many entities under one umbrella. Familiar with recharging expenses between entities and balancing intercompany transactions


William Demant is an Equal Opportunity / Affirmative Action employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.





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